Boyd CEO Demolishes Myth That Regulated Online Gambling Will Cannibalize Land-Based Casino Revenue
Keith Smith, President and Chief Executive Officer of Boyd Gaming, has a simple message for those who argue that regulated online gambling revenue will cannibalize (i.e., come directly at the expense of) land-based casino revenue. You’re wrong. That’s the takeaway from Smith’s comments on the performance of the Borgata’s online gambling properties in the New […]
This Prediction For New Jersey’s Initial Online Gambling Revenue Numbers Will Seem Optimistic To Some
On January 14th, the New Jersey Division of Gaming Enforcement will post the initial revenue numbers for New Jersey’s regulated online poker sites and casinos. These numbers will cover revenue for November and December. I suspect they’ll be rather raw numbers that point only to gross gaming yield (poker rake plus casino hold). There’s been […]
PokerStars Purchase of Full Tilt Confirmed By Multiple Sources
WickedChops rarely goes with something definitive unless it’s definitive: Posted early this morning but independently confirmed Stars acquiring Tilt a done deal: http://insider.wickedchopspoker.com/566/the-latest-on-the-pokerstars-and-full-tilt-poker-acquisition/Still plenty of details to come Same goes for PokerFuse, who were pretty definitive yesterday when they broke the story: PokerStars has reached a settlement with the US Department of Justice, pokerfuse can […]
PokerStars Buys Full Tilt Poker … Say What?
That’s the word from reputable sources this afternoon. The tl;dr: GBT didn’t have enough money to take on Full Tilt, so the DOJ nixed their deal. PokerStars, who has plenty of money, stepped in. More from PokerFuse: Until now, French investment group Group Bernard Tapie were known to be in late-stage talks. According to sources […]